SOLD
Star Glo Sells 6.0 Acre Development Site In East Rutherford For $10M
2 Carlton Avenue
Development Site
177,000 SF
177,000 SF
Sold 1 year ago
Summary
Sale
NEW JERSEY
Development Site
177,000 sqft
A development site located at 2 Carlton Avenue in East Rutherford has been sold for $10,000,000. The property spans across 6.0 acres and is zoned for industrial use. It offers a total of 177,000 square feet of space. The sale was facilitated by the Marmarou Team, representing Star Glo Inc, in a sale-leaseback transaction. The property was sold with no contingencies.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $10,000,000
- Address: 2 Carlton Avenue
- Market: East Rutherford
The Marmarou Team, consisting of Yanni Marmarou and Jack Drillock (JDrills21), represented Star Glo Inc in the sale of the property. B6 Real Estate Advisors served as the brokers in the deal. For more information, please visit www.theMarmarouTeam.com.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Yanni Marmarou & Jack Drillock
DATE: 12/22/2021
ADDRESS: 2 Carlton Avenue
MARKET: East Rutherford
ASSET TYPE: Development Site
SELLER: Star Glo - Mike Mazze
BROKERS: Yanni Marmarou (@ThatBrokerYanni) & Jack Drillock (JDrills21) - B6 Real Estate Advisors
SALE PRICE: $10,000,000
BSF: 177,000 ~ PPBSF: $56
SF: 177,000 ~ PPSF: $56
NOTE FROM BROKERS: The Marmarou Team exclusively represented Star Glo Inc in the sale of this 6.0 Acre, 177,000 SF industrially zoned site.
Property sold with no contingencies in a sale-leaseback transaction.
For more information, please visit www.theMarmarouTeam.comView on map
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Address2 Carlton Avenue
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